How to Select the Best Broker

Investing, trading, mutual funds, and every term related to this field are very important and also it’s a vast subject. Every businessman does trading. The earlier businessman used to take the LOG broker review (รีวิว โบรกเกอร์ lcg, which is the term in Thai) before investing. But now Demat accounts have replaced brokers. So, today not only businessmen but also teens and youngsters have started trading with the help of Demat accounts. But over trade is (over trade คือ, term in Thai) something that can’t be handed over to the Demat accounts. So businessmen need brokers during over-trade. Not only for this but also brokers are licensed and highly-skilled in investing. As they are licensed for the investment skill they know where to trade. Along with a license, there are three important factors that you need to consider before hiring a broker. Let’s see them,

• Trading Cost

This is where most of the brokers make money. Of course, it’s their profession to charge but make sure they are charging according to your budget. Brokerage, AMC, transaction charges, Demat charges, and taxes are a few aspects of trading costs. A broker can charge in two ways

• Percentage Based Charge

• Fixed Charge

Decide whom you want as your brokers and then proceed further.

• Company

A brand is what everyone searches for. But what we say is, legit companies are more branded than brand companies. So, before hiring a broker from a company cross-check all their reviews and documents. Trading and over-trading aren’t small things. You need to be very careful in these matters. So, hire a broker from a legit company. Or you can also hire individuals who are legit and ethical with their work.

• Research Capability and Customer Service

Your broker needs to have the capability and freedom to find new resources and ways to increase profit. A LOG broker’s review is very important for every point of trading. To review they need to know it and to know about it they need to research the particular information. Then comes the customer service. Your broker or the broker’s company needs to have the best customer service. They always need to have your back.

So, these are the features that you need to check before hiring a broker. Always remember that your broker needs to enhance your profits but shouldn’t leave you in losses. So, choose wisely according to your trading needs.